Tri Ocean Textile Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 31, 2020 at 02:38 am IST
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Tri Ocean Textile Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 452.953 million compared to TWD 599.246 million a year ago. Operating income was TWD 77.189 million compared to operating loss of TWD 68.531 million a year ago. Net income was TWD 55.457 million compared to net loss of TWD 67.956 million a year ago. Basic earnings per share was TWD 1.23 compared to basic loss per share of TWD 1.59 a year ago. Diluted earnings per share was TWD 1.07 compared to diluted loss per share of TWD 1.59 a year ago.
Triocean Industrial Corporation Co Ltd is a Taiwan-based company mainly engaged in construction business. The Company's main business is to undertake projects commissioned by owners on a turnkey basis. The Company's business includes contracting repair/renovation projects, undertaking construction such as land preparation, infrastructure, installation of construction equipment, and construction, reconstruction, and repair of civil engineering projects. The Company undertakes residential projects, commercial buildings, public works, factories and other projects, including residences, dormitories, office buildings, hospitals, schools, civil bridges, factories and others.